Boost your purchasing power with a revolving line of credit.
Increase cashflow by unlocking the power of your receivables.
Pay your sellers on day one for a discount, and get extended terms.
Use your credit cards, bank account, and Octet finance to pay your sellers.
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Easy access to all your credit cards, bank accounts, and Octet finance.
Do business in your language with over 200,000 members worldwide.
Pay your domestic or international suppliers with built in spot FX rates.
Track and validate your supply chain from purchase order to payment.
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Earn valuable reward points for every dollar spent through Octet.
Octet customer, Redsbaby, talks to The Sydney Morning Herald about using Octet Finance to fund its successful pram business.
“Redsbaby now turns over $5 million a year and employs 35 staff. It has fulfilled over 10,000 orders and claims 14.5 per cent of total online pram sales.
Redsbaby relies on non traditional funding by using credit cards to procure stock from China via global fin tech company Octet.
‘Even though we are cash flow positive it really allows us to free up cash,’ Brett says. ‘The beauty is we can pay a supplier today and then for 51 days we have an interest free loan. We are the fastest paying customer that they have. We are a small customer compared to others but they love to work with us. Any small business has to look what they can bring to the table when dealing with large manufacturers.’”
